Advice and Tips

Direct Slaughter Cattle - Formulated Purchases - Summary

LM_CT109

St. Joseph, MO    Wed, Oct 29, 2014    USDA Market News



NATIONAL DAILY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND GRID PURCHASES -

For Primarily Tuesday, 10/28/2014



            Head     Week to    Same Day    Same Period   Same Day   Same Period

            Count      Date     Week Ago     Last Week    Year Ago    Last Year

FORMULA NET:

Dressed:   26,152     72,203      40,402       88,259      45,511       90,102

Live:       4,943     10,075       5,527       12,479       9,229       17,190

Total:     31,095     82,278      45,929      100,738      54,740      107,292



NEGOTIATED GRID NET:

Dressed:    3,894      6,103       2,116        4,366       4,069        7,205

Live:         164        283          89           89       1,488        2,645

Total:      4,058      6,386       2,205        4,455       5,557        9,850





FORMULA NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice   2,156     63.7     796-1,096   932   250.78-291.85      264.72

65 - 80% Choice   4,330     64.3     789-1,006   904   254.07-265.19      260.22

35 - 65% Choice   3,805     64.2     735-1,029   891   246.07-265.19      258.10

 0 - 35% Choice   4,100     63.8     784-1,003   935   251.38-266.64      262.47

HEIFER

Over 80% Choice   2,356     63.6     750-971     857   258.00-296.93      272.18

65 - 80% Choice   2,614     64.5     726-878     814   257.94-263.47      260.62

35 - 65% Choice   1,737     64.2     715-857     790   253.81-261.22      258.85

 0 - 35% Choice     868     64.1     805-875     841   257.00-265.64      258.38

MIXED STEER/HEIFER

Over 80% Choice     409     63.4     785-998     833   257.17-287.75      267.97

65 - 80% Choice     342     62.6     777-914     853   257.81-265.48      262.10

35 - 65% Choice     242     63.7     681-854     794   252.48-256.81      255.62

 0 - 35% Choice     127     63.3     743-863     808   248.34-265.00      255.24

ALL DRESSED STEERS AND HEIFERS

                 23,086     64.0     681-1,096   881   246.07-296.93      261.87

MIXED STEER/HEIFER/COW

Over 80% Choice     354     63.7     827-914     847   257.13-263.35      261.80

65 - 80% Choice     224     63.4     855-892     882   258.85-260.40      259.27

35 - 65% Choice     543     64.2     664-943     813   237.98-258.91      253.50

 0 - 35% Choice                         -                    -

DAIRYBRED STEER/HEIFER

Over 80% Choice     593     61.1     775-921     868   248.09-259.01      255.61

65 - 80% Choice     508     61.4     765-898     858   247.73-257.87      253.87

35 - 65% Choice     659     61.3     792-895     854   245.86-255.89      252.22

 0 - 35% Choice     185     60.6     782-818     804   249.00-252.00      249.78





FORMULA NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     434     64.1   1,451-1,610  1,540  165.50-180.63      172.01

65 - 80% Choice     621     63.8   1,374-1,500  1,412  165.50-172.00      167.53

35 - 65% Choice     988     63.1   1,299-1,463  1,385  163.00-171.50      166.55

 0 - 35% Choice                         -                    -

HEIFER

Over 80% Choice     486     63.4   1,249-1,309  1,272  165.50-181.63      169.83

65 - 80% Choice     594     63.9   1,208-1,431  1,272  170.00-172.00      171.51

35 - 65% Choice     274     63.6   1,196-1,202  1,200  164.70-165.50      165.28

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

Over 80% Choice     566     63.4   1,431-1,466  1,458  180.00-185.65      184.39

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

ALL LIVE STEERS AND HEIFERS

                  3,963     63.5   1,196-1,610  1,373  163.00-185.65      170.91

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice     223     59.9   1,423-1,493  1,473  149.84-154.50      150.86

65 - 80% Choice     200     62.2   1,289-1,386  1,350  155.96-162.00      158.28

35 - 65% Choice     557     61.7   1,288-1,414  1,347  157.00-162.00      160.60

 0 - 35% Choice                         -                    -





NEGOTIATED GRID NET - DRESSED BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice     212     63.8     853-945     910   254.56-261.31      257.24

65 - 80% Choice                         -                    -

35 - 65% Choice     263     63.3     759-971     916   254.27-260.72      257.14

 0 - 35% Choice     330     63.1     852-963     936   254.98-258.00      257.00

HEIFER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice     223     63.9     943-943     943   251.57-251.57      251.57

 0 - 35% Choice     330     64.8     827-901     872   257.00-257.00      257.00

MIXED STEER/HEIFER

Over 80% Choice     739     63.5     728-955     811   249.67-272.75      259.12

65 - 80% Choice     272     62.7     726-912     811   253.76-258.67      257.23

35 - 65% Choice     130     62.2     769-842     818   242.13-254.64      246.65

 0 - 35% Choice     267     62.3     828-960     890   257.00-265.00      260.63

ALL DRESSED STEERS AND HEIFERS

                  2,766     63.4     726-971     869   242.13-272.75      257.05

MIXED STEER/HEIFER/COW

Over 80% Choice      42     62.0     786-786     786   251.50-251.50      251.50

65 - 80% Choice      83     63.6     924-924     924   258.00-258.00      258.00

35 - 65% Choice      80     61.9     957-957     957   235.59-235.59      235.59

 0 - 35% Choice     195     59.4     856-988     956   239.81-240.76      240.41

DAIRYBRED STEER/HEIFER

Over 80% Choice     481     61.1     792-887     863   244.16-250.41      247.32

65 - 80% Choice      61     58.4     785-866     821   242.59-242.85      242.73

35 - 65% Choice     156     58.3     716-898     790   231.62-246.82      239.66

 0 - 35% Choice      30     59.8     943-943     943   240.19-240.19      240.19





NEGOTIATED GRID NET - LIVE BASIS

                  Head    Wtd Avg     Weight     Avg       Price         Avg Net

                  Count  Dress Pct    Range       Wt       Range          Price

STEER

Over 80% Choice                         -                    -

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice      97     61.7   1,420-1,420  1,420  164.00-164.00      164.00

HEIFER

Over 80% Choice      67     63.2   1,227-1,227  1,227  164.00-164.00      164.00

65 - 80% Choice                         -                    -

35 - 65% Choice                         -                    -

 0 - 35% Choice                         -                    -

MIXED STEER/HEIFER

 No Reportable Trade.

ALL LIVE STEERS AND HEIFERS

                    164     62.3   1,227-1,420  1,341  164.00-164.00      164.00

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.





 REGIONAL ALL STEERS AND HEIFERS:  FORMULA NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                6,328         834         258.09

 KANSAS                  4,944         864         261.12

 NEBRASKA                3,948         920         265.97

 COLORADO                3,657         891         259.69

 WESTERN CORNBELT        2,553         959         263.86

  TOTAL 5-AREA          21,430         881         261.20

 N.CENTRAL/E.MT            624         885         277.15

 WESTERN STATES          1,000         860         266.88

 EASTERN CORNBELT           32         796         258.30

 NORTHEASTERN STATES





 REGIONAL ALL STEERS AND HEIFERS:  NEGOTIATED GRID NET DRESSED BASIS

 REGION:             HEAD COUNT:    AVG WT:       AVG PRICE:

 TX/OK/NM                  234         949         254.56

 KANSAS

 NEBRASKA                  953         901         257.12

 COLORADO                   80         842         242.13

 WESTERN CORNBELT          194         785         260.53

  TOTAL 5-AREA           1,428         894         256.27

 N.CENTRAL/E.MT            345         921         257.79

 WESTERN STATES

 EASTERN CORNBELT          929         820         257.89

 NORTHEASTERN STATES        31         801         256.71





-------------------------------------------------------------------

Regional Breakdown:

  WESTERN CORNBELT - IA,MN,MO.

  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX

  N.CENTRAL/E.MT - MT,ND,SD,WY.

  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.

  EASTERN CORNBELT - IL,IN,KY,MI,WI.

  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.

-------------------------------------------------------------------





Source:    USDA Market News Service, St. Joseph, MO

           816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews





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